Source: Gazprom sets 10-year Eurobond yield guidance at 3.875%
MOSCOW, Jul 7 (PRIME) -- Russian gas giant Gazprom has set the yield guidance for 10-year U.S. dollar-denominated Eurobonds at 3.875%, a financial source told PRIME on Wednesday.
The expected placement amounts to U.S. $1 billion.
Gazprom has held a series of investor calls to coordinate the possible Eurobond sale since Monday.
Gazprombank, J.P. Morgan, IMI-Intesa Sanpaolo, MUFG, and Sber CIB are the organizers of the placement.
Gazprom placed 500 million Swiss franc Eurobonds maturing in 2027 in June at 1.54%. Earlier in 2021, Gazprom placed 1 billion euro 6-year Eurobonds at 1.5% and 8-year Eurobonds for $2 billion at a 2.95% yield.
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07.07.2021 11:26